Strongbow Exploration Inc.

Strongbow Exploration Inc.

September 01, 2009 08:30 ET

Strongbow Discovers New Nickel-Copper Sulphide Mineralization at Snowbird Nickel Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2009) - Strongbow Exploration Inc. (TSX VENTURE:SBW) is pleased to provide the following exploration update.

Snowbird nickel project - A summer field program at Strongbow's wholly owned Snowbird nickel project is now complete. During the two week program, company geologists discovered several new areas of nickel-copper sulphide mineralization associated with norite, gabbro and pyroxenite intrusions. The new mineralized areas, as well as a number of showings identified in 2008 and re-evaluated during the current program, are located in close proximity to previously identified geophysical and geochemical anomalies. Mineralization typically consists of pyrrhotite and chalcopyrite in concentrations ranging from trace amounts up to ten percent. Rock samples collected during the program have been submitted for assay with results expected by mid-September. Results will be used as the basis for selecting the highest priority targets for ground geophysical surveys and drill testing in 2010. The Snowbird project straddles the Saskatchewan/Northwest Territories border in an area that the Company believes is highly prospective for magmatic nickel-copper sulphide deposits similar to the Company's wholly owned Nickel King deposit (please see Strongbow news release #09-08, dated July 15, 2009).

Chu Chua property - Strongbow has signed an agreement with a private company providing an option to purchase Strongbow's 100% interest in the Chu Chua base metal massive sulphide deposit located in central British Columbia. To exercise the option, the private company must pay $25,000 and issue up to 2 million shares of a publicly traded company. Strongbow will also retain a 1% net smelter returns royalty on any future mineral production from the deposit. The agreement is subject to several additional terms and conditions, and is expected to close by the end of December, 2009. Strongbow had recently been returned ownership of the Chu Chua deposit after a previous option and purchase agreement had expired.

Lithium exploration agreement - Strongbow has entered into an agreement with North Arrow Minerals Inc. (TSX VENTURE:NAR) to acquire mineral rights and explore for lithium within an established area of interest. The area of interest referred to in the agreement is located in an area known to host spodumene-bearing pegmatites. Spodumene is a primary lithium bearing silicate mineral. Under terms of the agreement with North Arrow, once Strongbow has incurred expenditures of US$2 million within the area of interest, North Arrow may exercise a back-in right to acquire an undivided 40% interest in the AOI and any mineral or other rights acquired by Strongbow within the AOI. If North Arrow elects to exercise the back-in right, it must spend US$2 million within thirty-six months from the date of notice, including minimum expenditures of US$500,000 within each twelve month period.

Strongbow's exploration programs are conducted under the supervision of David Gale, P.Geo. (BC), Vice-President of Exploration for Strongbow and a Qualified Person within the meaning of National Instrument 43-101.


Kenneth A. Armstrong, President and CEO

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy of this release.

Contact Information